Increase in Income
Income per capita has been increasing steadily in almost every country. Many factors contribute to people having a higher income such as Education, globalisation and favorable political circumstances such as economic freedom and peace. Increase income also tends to lead to people choosing to work less working hours. Developed countries defined as countries with a "developed economy" and higher incomes as opposed to a developing countries tend to have lower incomes.
Read more about this topic: Income
Famous quotes containing the words increase in, increase and/or income:
“Official dignity tends to increase in inverse ratio to the importance of the country in which the office is held.”
—Aldous Huxley (1894–1963)
“The personal touch between the people and the man to whom they temporarily delegated power of course conduces to a better understanding between them. Moreover, I ought not to omit to mention as a useful result of my journeying that I am to visit a great many expositions and fairs, and that the curiosity to see the President will certainly increase the box receipts and tend to rescue many commendable enterprises from financial disaster.”
—William Howard Taft (1857–1930)
“Some rough political choices lie ahead. Should affirmative action be retained? Should preference be given to people on the basis of income rather than race? Should the system be—and can it be—scrapped altogether?”
—David K. Shipler (b. 1942)